{"id":188407,"date":"2010-10-04T18:28:00","date_gmt":"2010-10-04T23:28:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/10\/04\/economics-update-27\/"},"modified":"2010-10-04T18:28:00","modified_gmt":"2010-10-04T23:28:00","slug":"economics-update-27","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/10\/04\/economics-update-27\/","title":{"rendered":"Economics Update"},"content":{"rendered":"<p>The lede here is that <a href=\"http:\/\/www.bloomberg.com\/news\/print\/2010-10-04\/u-s-capital-goods-orders-climb-more-than-estimated-as-equipment-replaced.html%22\">capital goods orders fell and contracts existing home sales rose<\/a> in August.<\/p>\n<p>Note that the home purchase data is still well below what it was a year ago, and that capital goods orders ex-airliners was up.<\/p>\n<p>On a slightly more concrete level, <a href=\"http:\/\/www.consumeraffairs.com\/news04\/2010\/10\/bankruptcy-filings-surge-in-2010.html\">bankruptcies have hit the highest level since the congress sold out to the banksters with bankruptcy &#8220;reform&#8221; in 2005<\/a>.<\/p>\n<p>Finally, it looks like the invisible bond vigilantes remain in hiding, as, <a href=\"http:\/\/www.goldalert.com\/2010\/10\/2-year-treasury-yield-hits-record-low\/\">the yield on Treasuries 2-year fell to a record low<\/a>, 0.37% (!).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The lede here is that capital goods orders fell and contracts existing home sales rose in August. Note that the home purchase data is still well below what it was a year ago, and that capital goods orders ex-airliners was up. On a slightly more concrete level, bankruptcies have hit the highest level since the &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[973,1004,1089,1035],"tags":[],"class_list":["post-188407","post","type-post","status-publish","format-standard","hentry","category-economy","category-finance","category-recession","category-transportation"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/188407"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=188407"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/188407\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=188407"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=188407"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=188407"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}